What to Expect From a $66 billion Investment in Healthcare by Saudi Arabia?

Healthcare infrastructure is key to public health safety and improved coverage of medical treatments. The Saudi Arabian government's 2030 healthcare vision is vital to improving public health. The government plans to invest SR250 billion($66.67 billion) in healthcare infrastructure development and boost private participation in the sector from 40% to 65% by 2030.

This initiative catalyzes enterprises and startups looking to contribute to the government’s healthcare vision. It will provide key infrastructure for businesses and encourage them to invest in the healthcare industry. So, what can businesses expect from the initiative? Here is what the government plans to do with its $66.67 billion investment in the healthcare sector.?

Healthcare Infrastructure Investments: Where Will the Investment Be Done?

Saudi Arabia's government is leveraging technology to build robust healthcare infrastructure. The $66.67 billion investment will improve healthcare capacity, accessibility, and quality.

1. Capacity Improvements

Investments in medical infrastructure will help boost the privatization of 290 hospitals and 2,300 primary health centers by 2030. This is a significant step in ensuring increased patient capacity across healthcare facilities.?

It will also help the government decentralize services and enhance healthcare quality. For example, the population's life expectancy will increase from 76.4 to 81.8 years by 2050. Thus, the Saudi Arabian government can provide quality healthcare services to its growing population.?

Increased capacity can benefit enterprises and businesses looking to enter the healthcare industry in Saudi Arabia. It will help private players implement advanced healthcare technologies and scale quickly.?

2. Improved Accessibility

With more hospitals in the area, citizens can access healthcare services.? The government is focusing on building health clusters to improve healthcare accessibility.?

These clusters will be integrated into the healthcare provider network, ensuring remote access to healthcare services. It will help private players and enterprises to provide healthcare services remotely. These businesses can leverage a telemedicine app development company to facilitate remote consultations with healthcare service providers.?

3. Enhanced Healthcare Quality?

Increased investments in healthcare infrastructure and participation from private players will help improve the quality of medical services in Saudi Arabia. For example, surgical procedures are expected to increase by 20% year over year, helping reduce the impact of noncommunicable diseases.?

In addition, private players' investments in innovative AI technologies will make healthcare services far more advanced. By using chatbots in healthcare services, medical practitioners in Saudi Arabia can improve the quality of patient care.?

These are just some benefits of investments in the healthcare sector that the Saudi Arabia government plans to implement by 2030.? However, understanding the investments and their impact is crucial if you are a key private player in the Saudi Arabian healthcare industry.

What are the Major Healthcare Projects of the Saudi Arabian Government??

Saudi Arabia plans to increase the bed capacity and ensure 23 beds per 10,000 residents. To increase the capacity on such a scale, it has planned the below approaches,?

1. Clusters for Enhanced Healthcare

Saudi Arabia's government will invest in increasing the health clusters across the region. Each of these clusters will serve more than a million citizens. It will offer comprehensive healthcare services within the network. Some clusters will involve participation from private healthcare businesses, ensuring streamlined patient care and efficient medical service delivery.?

2. Digital Infrastructure for Improved Healthcare Quality

Saudi Arabia's government plans to invest $1.5 billion in IT and digital transformation of the healthcare industry. This includes expanding the telemedicine industry in the region and Seha Virtual Hospital.?

This will help enterprises and businesses looking to develop telemedicine apps and provide virtual healthcare services in Saudi Arabia. Investments in digital infrastructure will improve access to patient care in remote areas of Saudi Arabia.?

3. Special Patient Care?

Saudi Arabia will invest in projects to develop specialty clinics and ambulatory care centers to facilitate specialized healthcare services. These investments will ensure optimal patient care, from critical care facilities to on-the-go healthcare services.? This includes investing in the development of specialized facilities for treatments related to oncology, gynecology, and cosmetic surgeries.?

What’s in it For Your Healthcare Business??

As a healthcare service provider in Saudi Arabia or an enterprise with a hospital chain, you can benefit from the massive investments from the Saudi Arabian government. You can leverage a healthcare app development company to design solutions that align with the government’s health clusters and digital transformation vision.?

Understanding the key infrastructure and cluster-based investments will help you better plan your healthcare apps. So, start your healthcare business and participate in Saudi Arabia’s Vision 2030.